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Valero Energy Reports $6.8 Billion in Third Quarter Net Income

The Motley Fool +1 ·

VLO Valero Energy Corp
$426.28 -2.40%
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  1. 1Valero Energy Corporation recorded $6.8 billion in net income attributable to shareholders in the third quarter of 2026.
  2. 2Valero Energy Corporation completed the St. Charles FCC optimization project with an investment of $230 million.
  3. 3Valero Energy Corporation is preparing for market volatility by maintaining a cash balance of $9.8 billion.

So what's the key point?

Valero Energy Corporation earned $6.8 billion in profit during the third quarter. The company is preparing for market changes by keeping a large amount of cash even after spending on project costs.

Source The Motley Fool +1 · View original ↗

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